It starts with that familiar feeling: you’re scrolling through your bank app or online store, about to make a purchase and you realise your UPI Autopay has kicked in for a subscription you no longer need. Maybe it’s an old streaming service you forgot about, or a subscription that’s no longer worth the cost. It happens to the best of us.
But here’s the good news: cancelling UPI Autopay is quick, easy and gives you control over your finances again. Whether you want to stop recurring bills or update your payment method, knowing how to cancel Autopay saves you from unexpected charges.
Let’s walk you through how to cancel UPI Autopay and take back control of your payments without the hassle.
What is UPI Autopay? Here’s why it matters for your payments
UPI Autopay is a handy feature that lets you automate recurring payments like utility bills, OTT subscriptions, loan EMIs or insurance premiums. Once set up, it automatically deducts payments from your linked bank account on the due date, so you don’t have to worry about missing a payment.
It’s super convenient when you’re managing multiple payments, but sometimes life changes, and you may no longer need certain subscriptions or services. That’s when knowing how to cancel UPI Autopay becomes important, so you don’t end up paying for something you’re no longer using.
Step-by-step guide: How to cancel UPI Autopay in minutes
Cancelling UPI Autopay is a straightforward process. Here’s how you can easily stop those automatic payments:
Step 1: Open your UPI app or payment platform
Open the app you used to set up the Autopay. This could be your bank’s app or a third-party payment platform. Log in using your credentials (PIN or password) to access your account.
Step 2: Locate the “Autopay” or “Payments” section
In the app, find the section that manages your recurring payments. It might be labelled “Autopay,” “Recurring Payments,” or “Subscriptions,” and it’s usually tucked away under settings or account management.
Step 3: Find the subscription you want to cancel
Browse through your active subscriptions to locate the one you want to cancel. The app will typically show details like the service name, payment amount and the next due date, helping you identify the right one.
Step 4: View subscription details
Click on the subscription to see more information: payment frequency, due dates and the payment method linked to it. This gives you all the info you need before confirming the cancellation.
Step 5: Cancel the Autopay subscription
Look for the “Cancel” or “Stop” option. Once you click that, the app may ask for confirmation. Read through the details carefully, confirm your cancellation and your Autopay will be deactivated.
Step 6: Monitor your bank account
Even after cancellation, keep an eye on your bank account for a few weeks to ensure no further payments are made. If you spot any discrepancies, reach out to your bank or the payment platform for assistance.
Key tips for cancelling your UPI Autopay subscription
Here are a few things to keep in mind when cancelling your UPI Autopay subscriptions:
- Cancel in advance: To avoid being charged for the next payment cycle, try to cancel your Autopay well before the due date.
- Check the terms and conditions: Some services may have specific rules about when you can cancel (e.g., a few days before the payment date), so it’s good to know the details.
- Look for refunds: Some platforms might offer refunds for payments made before cancellation, but others may not. Be sure to check the provider’s refund policy.
- Changing payment methods: If you only need to update your payment details, most platforms allow you to change your linked account or card.
- Be aware of subscription renewals: If the subscription renews automatically, cancel before the renewal date to avoid being charged again.
- Always confirm cancellation: After cancelling, check for confirmation (via email, app notification, etc.) and follow up with customer support if you don’t get it.
Stay in control: Simplify your subscriptions today
UPI Autopay makes life easier by automating recurring payments, but it’s important to stay on top of what you’re paying for. Knowing how to cancel UPI Autopay when necessary gives you the power to keep your finances in check and avoid surprise charges.
By following these simple steps, you can take control of your recurring payments and make sure you’re only paying for the services you really want. Keep an eye on your account and cancel any subscriptions you no longer need. After all, it’s your money!
If you need help with managing your payments or want to explore more options, visit https://www.pinelabs.com